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Search Results 0 to 49 of about 459 (some duplicates have been removed)
mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. guess what, it is $250,000 a year in additional tax cuts to the same 120 families. -- 120,000 families and anyone that makes more than $1 million. ladies and gentlemen, this has a gigantic costs. there is something called the tax policy center made up of experts. this is a bipartisan group of experts. they did an analysis like they do all of the tax proposals. they point out that if romney ryan were elected, it would increase taxes by middle-class families by $2,000 a year. we have seen this before. letting banks write their own rules. massive tax cuts for the very wealthy,we know how it ended. it ended in the catastrophe of the middle class. and the great recession of 2008. ladies and gentlemen, i am telling you today, we will not go back to that. [cheers and applause] we cannot go back to that policy. america cannot afford to go back to that policy. the present and i have a different way forward. let me tell you what our plan is. in addition,we have created over 5 mi
on everyone without losing revenue, we get more revenue because we continue will glow the economy, these kinds of pro growth tax reforms, ronald reagan and tip o'neill did it, we are proposing it that a pro growth sleuth t solution to gete back to work. neil: left out but a remarkable insight was a added come about what happens when you remove credits and exemptions and special allowances, the same thing that ronald reagan did in 1986, idea, making sure those who dodge taxes pay something in taxes, something ryan, said he is open to do emany conservatives in the party, say, any time do you that, it is a kin to raising taxes, ryan draws a major ca to take in what pat buchanan, on this fast moving development. what do you make of this. >> when i was ai i a kid was tha saying that rich pay more than anyone else but everyone contributes there is concern that you hear 47% or 49% are not paying income taxes at all. let me say with regard to what ryan talking about. if you drop rate from 35 to 28, you have to cut or cap interest deductions, for state and local income taxes, and there is a relucreluct
of heated conversation on the economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground states. although nationally it's a very close election, he's been hammered in the battleground states. the debates can be a great equalizer for him, but also that increases the pressure on him, whereas i think we are going to see barack obama playing a lot more defense." that was bill allison of the sunlight foundation. at long last, a wall street firm is being sued for fraud in connection with the housing crash. the suit was filed monday by the new york attorney general. the lawsuit holds jp morgan chase responsible for action by wall street firm bear stearns, which it acquired in
questions after his speech. let's listen in. >> japan, of course, is the first modern economy to be trapped at the zero bound. interest rates close to zero. their experience foreshadowed the global financial crisis of 2008. the japanese had a stock market booming bust and a property boom and bust together which was roughly double the size, proportionally speaking, to the united states. it was a major shock to the economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that. there is a lot of downward pressure on the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is
and the economy even though it's terrible. it's sort of the -- >> right track, wrong track? that's interesting. tell me. just stretch that out a little bit. >> i think americans see a glimmer of hope. there is slight improvement in the economy, and i think that some people, for example, a state like ohio, battleground state, thanks in my view to the governor that the unemployment is down. that's true in some of the others. i understand how tough this campaign is. i do believe that media coverage has something to do with it. maybe right up to election day americans will still be making up their minds. >> let's turn to overseas. i know there are some things that concern you, but let me first ask you about libya, the deaths of those four americans, including the american ambassador to libya on september 11th. friday we got the administration sort of definitive statement this looks as though it was a preplanned attack by a terrorist group and some of whom were sympathetic to al qaeda. why do you think and are you bothered that it has taken them this long from september 11th to now to get to this c
't get traction in these polls. we're going to talk about the emerging obama economy with chris hayes, ahead on "now." tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about saving money, tdd#: 1-800-345-2550 with schwab etfs. tdd#: 1-800-345-2550 schwab etfs now have the lowest operating expenses tdd#: 1-
that was elected on enormous upsurge, hope and change in 2008. economy the sour. he has to recapture that and explain to the american people why they should waited longer for hope and change. >> jamie: what do you think is the most critical question that each of them has to be asked and answered? >> for mitt romney, think it's going to be, do you have a plan that is going to be any better than what we have now? how specifically will you get the economy moving and jobs created? it's one thing to criticize the president but what are you going to do. for the president, all the economic advisors said it was going to be better now. what miscalculations were made. the president's speech in charlotte wasn't specific. what specifically is going to second term going to be different. >> jamie: it was pretty safe bet the question of foreign policy would be answered by president obama with discussions of getting bin laden and beginning to withdraw troops. the fact that we have not had a major attack here on our soil. when it comes to that what about libya and impact on the president and his abil
are so down in this economy, our question is, how is it swing state voters feel up about things, and make sense of the president when folks who hire imare not. to -- hire them are not. noel, that is a big, big political disconnect. >> you know, i actually that is true, because i have to tell you, the cfo is the heart beat for corporate america. they are seeing you know the financial side of things, and they are negative, and depressed about it, that is something you should take notice. i just did a private round table for senator wicker out of mississippi. we had about 10 businessmen around for this fund-raiser, one of guys was a cfo of a very large company, and very well respected, senator wicker asked him, what do you think about the future? what is your feeling? he actually said, well, i'm loading up on gold bullion, i'm go to buy a farm in arkansas, i thought that should tell you a little bit about something. neil: they are not all that way, maybe, but, market last couple of days notwithstanding has narrowly, taken all this in stride. i am wondering whether you think to its own peril,
with voter attitudes towards the economy, less so than voter attitudes toward president obama or mitt romney. in many ways, voters have gotten used to the idea of a poor economy, even a lackluster one. and they've kind of gotten used to it. a quarter of the people who said the country was headed in the wrong track are still supporting the president. so they've basically gotten used to the economy as the status quo. >> today in his weekly web address, lynn, the president blaming congress for not helping the economy. take a listen. >> last week, mortgage rates were at historic lows. but instead of helping more and more hard-working families take advantage of those rates, congress was away on break. instead of worrying about you, they'd already gone home to worry about their campaigns. >> lynn, is that a strategy that works? i mean, is there something to what he's arguing, regarding low mortgage rates and housing reform? >> well, he's doing, i believe, a preemptive strike in advance of the debate, where the focus is going to be on domestic issues and the economy. now, what he said is true. ever
and virginia and different states, what i hear from women is they want jobs in the economy is issue number one. they want specifics. thiept ton what is going to be done to repeal, replace obamacare. make that workable. they're looking for detail. and i think a lot of the undecides are there and that female vote is very soft. and larry i think you're seeing that in your polling, too. it's very movable and as we get into the debatees, as people react-- women are appalled with what happened in libya. and i think they're looking for some accountability. they want to see a serious-- >> schieffer: what you're saying is mitt romney is not specific enough. he needs to give us some more details on what he plans to do. >> i think you're going to see that come forward in the debates and over the next couple of weeks, and he has started to roll out some of the specifics and that's what women are wanting to see. >> schieffer: bob shrum, you were an adviser to john kerry. you were an adviser way back when ted kennedy, i guess, debated mitt romney in that now-famous senate race of long ago. what would you be
that will be the headline on thursday morning? probably not. the debate is supposed to focus on the economy, a tough subject for the president. minutes from now, another report on manufacturing and it's likely to confirm an economy on the verge of recession. contrary to media reports, governor romney's campaign is not dead. a rasmussen poll gives him an edge among voters who will definitely vote and see his tracking poll of likely voters first on this program minutes from now. no letup in tax the rich mania. the u.n. takes aim at the richer people in america and europeans riot again to make them pay for, well, for everything. and then there is this, the european beat americans at golf again. but cheer up, "varney & company" is about to begin. >> good morning, "varney & company," today is monday october the 1st. wednesday is the first presidential debate and the obama campaign spent the weekend trying to low up media expectations that the president's already won. most mainstream polls do indeed have president obama in the lead, but according to rasmussen, governor romney has an edge among certain voters. 43
, as the presidential candidates focus on the economy, what do the mixed signals mean? we get perspective from two economists. >> woodruff: then, we go on board navy ships in the persian gulf to watch a massive military exercise aimed at securing the strait of hormuz. >> we need to be prepared to deal with mines go in the water. this exercise is focused on the mine trip and demonstrating our able to clear mines. we have to be able to do that. >> suarez: the chinese communist party ousts a once-powerful politician and prepares to unveil its new leadership. margaret warner has our update. >> woodruff: mark shields and david brooks analyze the weeks news. >> suarez: and from our "american graduate" series, we take an encore look at the story of an eighth grader who turns to journalism to tackle violence in his middle school. >> if i didn't have a-- i would probably be let up with the wrong people and doing the wrong stuff. >> woodruff: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: >> bnsf and carnegie corporation. >> and with the ongoing support o
max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years
, released about an hour ago. gdp, gross domestic products, our big picture economy grew only at an annual rate of 1.3% in the second quarter. i said before, that's stall speed. i mean it. that's very, very low rate of growth. 4% the end of last year, 2 1/2% early this year, now, 1.3, that's a nasty down trend. all right, the markets opened, we did expect an up trend, up tick in the opening bell. we've got it. 25 points higher, ultimately maybe 50 points higher within the next couple of minutes. i want to call this the iphone effect. nokia may cancel its dividend in the face of big time competition from the iphone. okay, nicole, where did nokia shares open? let's start with them. >> they're a winner today. up 2.5%, all right? up 2 1/2%. cutting the dividend is certainly not good news, but they've priced their knew lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has
on persuading voters they can boost the economy. but a key question at the heart of it all-- is the economy slowing, stalling, or perhaps even gaining strength in some ways? new data are sending conflicting signs. republican presidential nominee mitt romney campaigned today at a military academy in pennsylvania. romney promised better jobs for young people like the cadets sitting behind him and a better future for the entire country. >> we're in a very different road than what i think the people of the world expected from the united states of america. and if i'm elected president of this country, i will get us back on a road of growth and prosperity and strength. >> woodruff: today at a campaign event in washington, president obama shared a message of what he called "economic patriotism" tied to a strong middle class. >> but our problems can be solved, our challenges can be met. we've still got the workers in the world, the best universities, the best scientists, the best... we got the best stuff. ( laughter ) we just got to bring it together. >> woodruff: consumer confidence is higher of l
and the economy growing 1.3%, 20 million unemployed i hear it is the economy stupid. the people are not responding to a horrible economy, a terrible pe situation and no plan to go forward. >> not attack ads notvery day i criticism they want to know not the specifics. >> we no hope and change was the fancy slogan. but that turned out not to be the case. they just beat up a president how much can you like a man who was not delivering?vering? at the end of the day he is a failed leader. ba i will cut taxes but i toepeo don't know how much. i will repeal but i have to wait.is presi oba but mathat is the mitt romney slogan.romney instead of saying here is my plan, i have been running six years. lou: if that is true the voters want specificity. why would they not what performance and the plan? >> but we don't have confidence in obama but less paular of governor romney. >> basically this president who ha has blamed his policy on hi failures now has a wonderful advantage to run against an an opponent he can blame is that correct? >> the thing that amazes meng ta i look at the polls. the country wants cha
: and sit down for an exclusive interview in which we discuss the economy, the new focus on national security. and, growing criticism of the romney campaign. paul ryan, only on fox news sunday. then... we'll preview wednesday's first obama-romney debate. we'll ask our sunday panel which each candidate needs to do to win the first first off. and our power player of the week, has spent almost half of his life, telling the inside story of how a president rose and fell from power. all, right now, on fox news. ♪ >> chris: and hello again, from fox news in washington. with just five weeks until election day, a new poll showing president obama leading in key swing states, the presidential debates may be mitt romney's last, best chance to turn the race around and we wanted to find out what the romney-ryan plan is when they face off against obama and biden. we caught up with running mate paul ryan, saturday in derry, new hampshire. before we sat down for an exclusive interview, we spoke briefly as he was about to take the stage for a campaign town hall. >> chris: what do you think? just bef
influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going to be great. >> absolutely. meantime our chief washington correspondent john harwood has made the trip to denver. what are you watching first tonight? >> what i'm watching for is how mitt romney takes advantage of this huge opportunity that he's got with tens of millions of americans watching these two side by side. he's behind in the polls, but not by an overwhelming margin. three points in our nbc/wall street journal poll. i talked to devine who was the campaign strategist for al gore. when gore lost the election, in the d
the real economy is very important to us. in missouri we have a strong industrial rail process where you have a lot of goods across our state. we have work to improve the system, get rid of bottlenecks. for example, the osage river where we are now in the process of building a bridge that we can get another land we don't have slowdowns. the first step is to make sure we don't get slowdowns so when we look to more possibilities for passenger rail travel, that we have a system to deliver on time. so we're looking at that. we've also worked with illinois because anybody that looks at the bigger picture of our country will see getting the first step from chicago to st. louis is never going to attract the resources for high-speed rail across their state. that's why we worked with the state of the one i and others to get the initial project completed, while at the same time working to improve our network here for on-time efforts. you know, all of that is part of a long-term transportation focus that will continue to provide us a competitive economy. >> dave spence. >> i think it sounds great i
the president is leading look at this number, economic optimism. 57% now believe the economy is recovering. that number is up six points in just the past few weekz. ultimately this race will be won in nine battleground states. florida, virginia, and ohio romney is tight in the races with the states of fluidity, florida and virginia. in florida obama and romney are neck and neck. virginia romney has narrowed the lead from 5 to 2. another statistical tie. in ohio the president has improved his standing. he leads romney there by eight points. and for those wondering about the party idea the sample is less democratic in ohio this time than the last poll. digging deeper into our numbers we divided thet battleground states by three measures. president's job rating. romney's favorability rating that number is still under water he has problems and the question of which candidate is better equipped to manage the economy. remember the unemployment rate is 5.9% in virginia. romney's favorable in florida but under in virginia and ohio. when it comes to who is better able to manage the economy a questi
on the economy. the economy gets the first half of the debate, with questions 1, two, and 3. then they move on to the topic of health care, which has major economic impact, the role of government in our society, and the final segment will be on the governing cells of the candidates. jim lehrer can assign the final questions. there was a coin toss to decide who would take the first question. president obama has won that and will take the first question. we would like to involve you in the process and talk about this important debate, what you will be looking for from candidates, whether or not you have already made your decision. most particularly, if you had a chance to ask a question on this domestic policy debate, what would you most want to know from these two men? let's introduce you to our first guest. from inside the debate are -- the senior political reporter for yahoo news, who has been on the campaign trail with governor romney. >let me start with a pc filed recently, is senseless and that this is all personal between these two men -- saying this is all personal between these two m
the current state of the election and plenty of people are concerned about the trends and the same economy in these times. most important of them who are the people who will show up to the polls in november. we want to have a follow-up discussion about economics, demographics, and the expectations for 2012. this is a follow-up for what was released in november of last year. with that, i am pleased to introduce my colleagues. the co-authors of the report they are releasing at www.american progress.org. after this presentation, you have a conversation with our panel and we look forward to hearing from you as well. i encourage you to follow the conversation. our guests recent writings include the european paradox and the decline of the working class and the rise of the mass upper-middle-class. he holds a degree in sociology from university of wisconsin, madison. i say about the game yesterday. [laughter] please welcome rich. [applause] >> thank you, everybody for coming. as daniella mentioned, this is about the report to be released last november. there is obviously a you -- adding about ideo
the stagnation we've had. i mean, the economy is limping along nationally. we got 23 million people struggling to find work. 15% of americans today are living in poverty. president obama came in with one party rule, and was able to pass nearly every item on his agenda. what we ♪ you do ♪ something to me ♪ that nobody else could do i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we'
number one. and a few other domestic policy flashpoints as well. the economy is due to take up three of the six segments that are laid out for tonight, with one segment each devoted to health care, the role of government and leadership/governing style. and by a pretty wide margin going in right now, the voters expect president obama is going to outdebate his opponent, but both men have taken great pains to downplay their own chances, downplay the expectations. our dan lothian is up very early at the university of denver. and, dan, i understand this is the fourth time that these two men have really ever encountered one another in person. is that expected to have any effect when they meet each other on stage? >> well, certainly this is not someone who the president spent time with in the senate, has not spent a lot of time talking to him, and when they debate tonight, for 90 minutes, it will be the most time and the longest time that they have spent interacting at all. so it is an unusual, i guess, setting if you will for the president and governor mitt romney. but nonetheless, they're
and bill clinton comes in, makes the democratic party look fabulous, the economy look really good. how do you fix that in one night? >> that's what mitt romney has to begin trying to do. this is it for mitt. that was the lead of my piece in "the huffington post," words of one sill belabel. this is it for mitt. >> it rhymes. >> he has to change the conversation, and do what you said, which is express clear, big, convincing, humane and understandable thoughts about he, how he can be the better person to take the economy forward and take the country forward. he said he wanted this to be about the economy. the romney -- the obama people have jammed the radar, romney's radar for six months, ago? now romney has 60 million people out there. he has to look at the camera and say, this is in simple, clear terms is how i'm going to help you and how we're going to fix the economy. >> same question to you. the economy looks better than romney does. that's the problem he faces. >> one of his biggest challenges tonight is to stand on that stage and convince people watching, something north of 60 million
Search Results 0 to 49 of about 459 (some duplicates have been removed)